Fitbit Shares Fall Sharply On Apple Watch Series 4 Announcement
It seems I’m not the only one impressed by the Apple Watch Series 4: investors too seem to think it’s going to be a hit … Reuters reports that Fitbit shares are down 3.7% following yesterday’s event. Investors clearly believe that the latest Apple Watch, coupled to price drops on older models, will be enough to take more market share away from competitors. The site also notes that Garmin shares are flat, ending recent gains....